Sterlina / Yen giapponese
Aggiornato

(Japanese Yen) pair on a 3-hour timeframe.

197
chart showing the analysis of a JPY (Japanese Yen) pair on a 3-hour timeframe. Multiple support and resistance zones are marked with red and blue horizontal lines.



Key Observations:

1. Price Movement: The price is in a downtrend and is reacting at a strong support level (around 189.142).

2. Fibonacci & Zones: The chart seems to incorporate Fibonacci retracement or supply/demand zones for analysis.

3. Indicators & Analysis: No specific indicators are visible, but the analysis appears to be based on price action and market structure.

4. Potential Trade Setup: If the price bounces from this level, a reversal may occur. Otherwise, there’s a chance of further downside continuation.
Trade attivo
Active Trade.

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